Cryptocurrency: A Great Investment or Fake Money?

  1. Standard Cryptocurrencies like BitCoin, Ethereum, and LiteCoin are now just as trustworthy as national currencies. The blockchain system on which the coins were built is more secure than any government on earth. Take a look at PayPal’s handy guide on the topic to become more familiar.
  2. 2021 will go down in history as the year Crypto went mainstream, with major financial institutions jumping into the markets. Tesla invested $1.5 Billion of its cash reserves into Bitcoin earlier this year. That’s about 50,000 bitcoins as of their January price. Those same bitcoins, only three months later, have nearly doubled in value. I bet Elon’s happy. Also, Blackrock, Mastercard, Visa, Deutsche Bank, Square, and Paypal have all made moves to make cryptocurrencies mainstream in their investments.
  3. It’s become more accessible than ever to dip your toe in the water to get started with apps like Coinbase, Binance, Robinhood, or Paypal.

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